Which of the Following Statements Regarding Defined Contribution Plans Is

question 16

Multiple Choice

Which of the following statements regarding defined contribution plans is false?

• A)Employers bear investment risk relating to the plan.
• B)Employees immediately vest in their contributions to the plan.
• C)Employers typically match employee contributions to the plan to some extent.
• D)An employer's vesting schedule is used for employers' contributions in determining the amount of the plan benefits the employee is entitled to receive on retirement.

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Definitions:

Gerontologists

Specialists who study aging and the various aspects affecting older adults, including the biological, psychological, and social changes.

Intimacy

The feeling of being emotionally close to and connected with someone, often involving a sense of sharing and support.

Isolation

The experience of being separated from others, which can be physical, social, or emotional in nature.

Lonely

Experiencing a feeling of sadness or isolation due to a lack of companionship or separation from others.